Credit available after 2 years

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..... Credit available after 2 years
Query (Issue) Started By: - madhavvan n Dated:- 9-7-2009 Last Reply Date:- 10-7-2009 Central Excise
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Central Excise
one company has set up a proj .....

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..... ect for manufacture of automobiles it has imported various capital goods / spares can it avail the CVD and Edn Cess and SHE cess and addnl duty of customs for capital goods and inputs what are the oth .....

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..... er credits it can avail if it makes entry in rg 23 is it enough and can it utilise credit after 2 years. Reply By Rama Krishana: The Reply: I think your concern is for gestation period. There is a ga .....

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..... p of almost 2 years from the date of import and commencement of manufacturing activities. In such a situation, there is no denial of credit of duties paid on import of capital goods and inputs. But in .....

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..... order to operate smoothly and avoid future harassment, you should obtain registration number and file nil return after showing the details of credit.
Discussion Forum - Knowledge Sharing .....

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